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SF Mayor's $15.9 Billion Budget Proposal Includes Layoffs, Service Cuts to Address Deficit

Summary by KTVU FOX 2
San Francisco Mayor Lurie unveiled his $15.9 billion budget proposal on Friday, acknowledging it contains difficult cuts to jobs and services he says are necessary.

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Layoffs and pay cuts are being announced in the state apparatus! With a budget hole that is growing from one day to the next, political leaders want to reduce spending, and the first to be targeted are public sector employees! Fiscal measures are also being considered: increasing VAT and labor taxes.

·Romania
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AllBlogThings.com - A Tech & Business Blog! broke the news in on Friday, May 30, 2025.
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